Middle East Economic Survey
VOL. XLVIII
No 32
8-August-2005
Libya
Occidental Petroleum Announces Return To Historical Libyan Acreage
Occidental Petroleum has received approval from the Libyan government to return to oilfields that the company operated prior to its forced departure in 1986. The Los Angeles-based company said in a statement issued on 29 July that the Libyan authorities have approved, effective 1 July 2005, Occidentals recent agreement with Libyas National Oil Company (NOC) whereby...
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